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    MarketForces Africa » Fraud » Forum Decries Alleged N585m Scandal at Ministry of Humanitarian Affairs

    Forum Decries Alleged N585m Scandal at Ministry of Humanitarian Affairs

    Julius AlagbeBy Julius AlagbeJanuary 11, 2024Updated:January 12, 2024 Fraud No Comments3 Mins Read
    Forum Decries Alleged N585m Scandal at Ministry of Humanitarian Affairs
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    Forum Decries Alleged N585m Scandal at Ministry of Humanitarian Affairs

    The National Youth Leaders Forum of Political Parties in Nigeria (NYLFPPN) has decried the alleged N585 million scandal in the Federal Ministry of Humanitarian Affairs  and Disaster Management.

    The Spokesperson of the forum, Comrade Eze-Onyebuchi Chukwu, in a statement in Abuja on Thursday, urged President Bola Tinubu to ensure adequate investigation and prosecution of anyone involved in the scandal.

    President Tinubu had on Monday, suspended the Minister of Humanitarian Affairs and Disaster Management, Betta Edu, following widespread anger over an alleged N585 million scandal.

    In a statement by Presidential Spokesman, Ajuri Ngelale, said his principal directed a comprehensive inquiry into the alleged N585m scandal in the Federal Ministry of Humanitarian Affairs and Poverty Alleviation.

    He had also vowed to “decisively punish” those involved in any breaches and infractions unravelled during the investigations.

    Chukwu, who is also the National Youth Leader, All Progressives Grand Alliance (APGA) said it is unfortunate that youths given opportunity to serve are abusing the privilege and discrediting others.

    According to him, the unpardonable corrupt practices have eaten deep into the fabrics of the Nigerian public offices for so long. These become a culture that must not be allowed to continue under any guise.

    He expressed the forum’s concern over the recent scandalous revelations as it affects a member of President Tinubu’s cabinet.

    “We hope findings will be revealed further in the coming days. We want to condemn in its entirety the misuse of office by a supposed pride of the youth of this nation.

    “It has been our desire to see that the youths return to power and as such pains us as a forum when a youth in power is found in this kind of mess.  Naira Lost 11% as Banks Issue New Update on FX Spending

    “It is even more shocking that the names of the public officers mentioned so far are youth, whom more confidence is being reposed in by all the youths of Nigeria,” forum’s spokesperson said.

    He called on the President to see to the logical, thorough and transparent investigation of Dr Betta Edu and other public office holders that had been fingered in the current scandal.

    “If facts are properly established and they are found guilty, due diligence should be deployed for prosecution of everyone found wanting, without fear or favour in accordance to the law.

    “We urge the President to sustain the tempo of his fight against corruption at all levels by showing Nigerians that it is no longer business as usual.

    ” We also use this medium to register our unalloyed loyalty and genuine support for President Tinubu in the steps he is taking to correct the many past wrongs of leadership in the country.

    Investors Nigeria
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    Julius Alagbe
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    Julius Alagbe is a senior financial journalist and Editor at MarketForces Africa with nearly two decades of experience in finance, accounting, and economics reporting.He is one of Nigeria's most prolific financial market reporters, covering capital markets, monetary policy, corporate earnings, banking, telecoms, and macroeconomic developments across Africa.Julius has built a strong footprint reporting on Nigeria's leading corporates and financial services sector, including coverage of the Nigerian Exchange Group, Central Bank of Nigeria monetary operations, MTN Nigeria, GTCO, and major investment banking transactions.He regularly monitors the CBN’s open market operations, interbank FX markets, and equity market movements, providing readers with real-time intelligence on Nigeria’s financial landscape.His reporting draws on direct access to institutional research from firms including Moody’s Ratings, CardinalStone Securities, Fitch, and other leading African investment houses.Julius brings analytical depth and editorial rigour to every story, making complex financial data accessible to professionals, investors, and policymakers across Africa.Julius Alagbe is based in Lagos, Nigeria.

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